How to calculate credit card processing fees of merchant provider?

  • This topic has 1 reply, 2 voices, and was last updated 7 months ago by Anonymous.
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  • #139174
    Anonymous
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    I have already spent a couple of days trying to find a suitable merchant services provider and my eyes are already running out from the different percentages that I don’t know how to calculate correctly. How did you determine the approximate amount of fees that you will have to pay for the services? Did you manually calculate all this?

    #139199
    Anonymous
    Inactive

    What merchant services providers have you looked at? At first, I also spent a lot of time calculating each of the possible options to determine the most profitable one. Then I told my friend about it, who also has his own online business, and he sent me a website where you can enter your data and it will automatically calculate the amount of fees in each merchant services provider: https://merchantservices-usa.com/calculator . I really regretted not telling him earlier that I was looking for a merchant services provider, because I spent a lot of time on independent manual calculations. What area do you need this for, retail?

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